Cuba, Trade Dependency and the GATT/WTO System

Kent Jones ()
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Kent Jones: Babson College

International Advances in Economic Research, 2018, vol. 24, issue 4, No 3, 325-338

Abstract: Abstract Cuba sought economic independence from the U.S. and its reliance on sugar exports after its 1959 revolution, but subsequently developed new dependency relationships. In the meantime, Cuba remained inside the General Agreement on Tariffs and Trade (GATT), despite conducting most of its trade outside it. This paper explores the political economy of Cuba’s participation in the GATT and later the World Trade Organization (WTO). Documents show that Cuba sought to use its participation to gain new markets and influence in the developing world. While Cuba has gained little economically from its participation, in recent years it has diversified its exports and trade partners, and its trade interests now align more closely with WTO rules. Economic reforms will be necessary in order for Cuba to benefit.

Keywords: Cuba; GATT; WTO; Trade policy; F13; F14 P00 (search for similar items in EconPapers)
Date: 2018
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DOI: 10.1007/s11294-018-9706-8

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